EU: Sixth package of sanctions against Russia targets oil, broadcasting activities

The package also imposes further sanctions against Belarus.

The package also imposes further sanctions against Belarus.

The European Commission today announced an agreement of the European Council to adopt a sixth package of restrictive measures against Russia in response to the situation in Ukraine. The package also imposes further sanctions against Belarus.

According to today’s EC release, the measures include a complete import ban on all Russian “seaborne” crude oil and petroleum products, and four other elements:

  • Oil transport services
  • Financial and business services measures
  • Broadcasting suspension
  • Export restrictions

Read “questions and answers” (Q&As) on the sixth package.


Read prior reports on EU sanctions:


For more information on sanctions and other responses to Russia’s war on Ukraine, visit KPMG’s dedicated website.

Contact a professional with KPMG’s Trade & Customs services:

Doug Zuvich
Partner and Global Practice Leader
E: dzuvich@kpmg.com

John L. McLoughlin
Principal and East Coast Leader
E: jlmcloughlin@kpmg.com

Andy Siciliano
Partner and National Practice Leader
E: asiciliano@kpmg.com

Steve Brotherton
Principal and Global Export and Sanctions Leader
E: sbrotherton@kpmg.com

Luis (Lou) Abad
Principal, Washington National Tax
E: labad@kpmg.com

Irina Vaysfeld
Principal
E: ivaysfeld@kpmg.com

Amie Ahanchian
Principal
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Christopher Young
Principal
E: christopheryoung@kpmg.com

Gisele Belotto
Principal
E: gbelotto@kpmg.com

George Zaharatos
Principal
E: gzaharatos@kpmg.com

Andy Doornaert
Managing Director
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Jessica Libby
Principal
E: jlibby@kpmg.com

 

 

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